Previous Close | 69.71 |
Open | 69.96 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 69.01 - 70.00 |
52 Week Range | 48.83 - 73.60 |
Volume | |
Avg. Volume | 936,463 |
Market Cap | 34.708B |
Beta (5Y Monthly) | 1.42 |
PE Ratio (TTM) | 13.22 |
EPS (TTM) | 5.23 |
Earnings Date | Mar 01, 2024 |
Forward Dividend & Yield | 2.10 (3.01%) |
Ex-Dividend Date | Jun 10, 2024 |
1y Target Est | 76.20 |
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(Bloomberg) -- Cie. de Saint-Gobain of France offered to buy Australia’s CSR Ltd. for A$4.3 billion ($2.8 billion) as the building industry consolidates amid a shift to more climate-friendly materials.Most Read from BloombergNvidia Surges After Company Proclaims AI Has Hit 'Tipping Point'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Go
(Reuters) -Australia's CSR Ltd shares rose a further 5% on Thursday as the building products maker came into play following a A$4.30 billion ($2.81 billion) non-binding takeover proposal from France's Saint-Gobain . The Sydney-based firm said it had received a A$9.0 per share offer from the French group, which represented a premium of 13.2% to CSR's last close. CSR is one of Australia's oldest companies, having been established in 1855, initially as a sugar refining business, before its diversification into building products.
French construction materials group Saint-Gobain is in initial talks to acquire Australian building materials firm CSR Ltd, Bloomberg News reported on Wednesday. The companies are working with advisers to narrow down on a deal, the report said, citing people familiar with the matter, with one of them adding that St. Gobain has lined up financing for a potential transaction. CSR and Saint Gobain did not immediately respond to Reuters' request for comment.